Trump Administration To Tighten Renewable Energy Tax Credits

The Trump administration is poised to introduce new rules that could make it more challenging for renewable energy companies to claim federal tax credits, potentially slowing the development of wind and solar projects across the United States. The Treasury Department is expected to revise the definition of what constitutes "under construction" for these projects, a critical factor for qualifying for subsidies. This action follows a directive from U.S. President Donald Trump, issued in July, to review the existing regulations. The…